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The Powell Predicament
11-09-2017, 07:41 AM,
The Powell Predicament
The Powell Predicament

President Trump's nomination of Governor Jerome Powell to the chairmanship of the Federal Reserve creates a predicament for partisans of monetary reform. At the White House today, the president called Mr. Powell a consensus builder. He represents continuity from Janet Yellen, under whom the Fed created what Candidate Trump called a "false economy." How, though, does the Powell nomination comport with the Trump campaign?

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